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20121223
20121223
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CSPAN 6
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English 40
Search Results 0 to 39 of about 40 (some duplicates have been removed)
NBC
Dec 23, 2012 9:00am EST
fund, you can talk about it. >> let's talk about the fiscal cliff. >> fiscal cliff is just a night mare because it creates all this uncertainty. people are making decisions at the end of the year with their accounts and this and that trying to avoid what the fiscal cliff might bring. it's a big mess. it affects maryland because we're not joined at the hip. we're joined at the knee, hip, back, shoulder. with the federal government. if they can't resolve that in a timely fashion, we're going to see a big impact negatively on the economy. >> gambling in maryland. not your thing. when you look at the record that's coming in, what do you think at this juncture about it? >> it's -- we're going down an alley that has no good ending to it. we're taking money out of consumer's pockets that should be spent in small businesses. and because we're a consumer driven economy, we're not going to have the type of employment that we need in order for our people back at work. driving up here through baltimore, seeing the boarded up homes on norfolk avenue, the thing that struck me is that we need to have
FOX Business
Dec 23, 2012 1:00am EST
of the year with no fiscal cliff deal in sight. and as a result, consumer sentiment is falling off a cliff, just like the fiscal cliff we're going to fall off so we've got a problem on our hands and couldn't happen at a worse time and today, super saturday, the second busiest day of the year. >> brenda: well, a lot of retailers are saving the big discounts until right at christmas and after. if consumers know that, maybe they're waiting, too? >> that's right. a lot of us are procrastinators and haven't started our shopping and a ways to go. you retail holiday season ends on january 31st, not december 31st or december 25th. retailers close their year end books at the end of january and so there's still time, we're going to get a deal on the fiscal cliff, i'm sure of it and there's time for retailers to have great sales for for consumers to go out there and buy stuff and we could have a boom in january. >> brenda: the optimistic, but procrastinating susan and maybe why you haven't received your gift yet. do you buy her math there? >> susan sounds like president obama, who says he was a hopel
PBS
Dec 23, 2012 3:30pm PST
already. the fiscal cliff. it's not a cliff. it's a metaphor that refers to two single acts of congress signed by the president. spending cuts and tax hikes that can be easily changed as they were created. so enough already about a cliff. okay. capitalist of the year, pat? >> french actor gerald depardo. he flees from france to belgium to avoid the income tax. gives up his citizen shap. mort, you ought to take a look at that example. he fled the country. >> i will get back to you. >> mayor bloomberg, who put $250,000 into the maryland same-sex marriage campaign which succeeded. also, he used his money to defeat a pro-gun democratic in california. money well spent by the mayor of new york. >> fed chairman bernanke who saved the financial system which is at the core of capitalism. >> beautifully stated. >> jim demint from his move from the senate to the heritage foundation. i want to tell you mr. capitalist. >> with that salary? capitalist of the year mark zuckerman. for his $200 million contribution to columbia university for their institute for the mind and the brain. congratulations, m
CSPAN
Dec 23, 2012 3:33pm EST
the chances of going over the fiscal cliff. this is not a plan. this is a ploy. >> i would like to inquire of my friend how many speakers she has remaining. it looks like a couple. i will reserve the balance of my time. >> i would be happy to tell you. four. >> the gem and reserves. >> thank you. three minutes right now. the gentleman from massachusetts. >> recognize for three minutes. >> thank you for the time. just when i thought the process could not get worse, last night, the republicans reached a new low. we were originally told we were meeting on the plan the tax bill, which continues the prow republican tradition of protecting tax cuts for the wealthy at the expense of middle class families and poor people. then we were told there would be a new bill that was introduced in the middle of the hearing. i am not sure what to call this one. plan b 2.0. it cuts $36 billion from the program, taking food off the tables of struggling american spirit millions of households would see a cut in their benefits. millions of families would have less food tomorrow than they do today. hundreds of tho
CSPAN
Dec 22, 2012 7:00pm EST
to ask them about the fiscal cliff. whether or not you have an opinion, whether you have some knowledge or not -- what would you like to say about the fiscal cliff? >> you know, i think the fiscal cliff is a great nickname. but i think it is sort of greedy instance of an emergency. like if something doesn't happen by january 1, the entire economy will go into the next great profession. that's not really what's going to happen. there is some great degree of urgency. this is sort of a man-made crisis, i think. i don't think that we have this crushing budget issue that has to be dealt with at this precise moment, or the world will end. i think of seville at a very anemic recovery. there are a lot of people really struggling out there across the country. but our priority should be strengthening our safety net during times of economic duress. now is not the time, in my opinion, to be contemplating significant cuts in things that a lot of struggling working class people who have lost grip of the middle class, spending cuts that are talked about, it could really have a negative impact on peopl
FOX Business
Dec 22, 2012 8:00pm EST
for his plan the proposal on the fiscal cliff has embarrassed the speaker, but the speaker's failure means a solution to the fiscal cliff is, if they're going to be one, now resting squarely upon president obama. arsine to be vacationing president alone cannot propose gislation that wins majority support in both the house and senate, and the decision to go over the fiscal cliff now depends on his ability to successfully negotiate and to forge a compromise that appeals to both republicans and the far left in mr. obama's party. the president metwith senate majority leader harry reid this afternoon and talked with speaker boehner to begin anew that effort to reach compromise. >> averting this middle-class tax hike is not a democratic responsibility or republican responsibility. with their foes the american people have determined that governing is a shared responsibility between both parties in this congress laws can only pass with support from democrats and republicans, and that means nobody gets 100 percent of what they want. lou: there are only ten days remaining tothe fiscal cliff. preside
FOX News
Dec 23, 2012 9:00am PST
doosey, thank you very much. >> the fiscal cliff is looming and now the president has gone home for the holidays and left for hawaii without a deal in place. with nine days left now, is it too late? remember the house budget committee marcia blackburn joins us now. congressman thank you for joining us. >> sure. >> before we get underway, i would love to play for you. play for you right now the president's words just before he departed on his hawaii vacation. here he is. >> so as we leave town for a few days to be with our families for the holidays, i hope it gives everybody some perspective. everybody can cool off. everybody can drink some eggnog and have some christmas cookies and sing some christmas carols and enjoy the company of loved ones. >> and then, congressman, just after he said that senator jeff sessions of alabama said this, and i shall quote, president obama today gave another speech about the fiscal cliff, no plan, nothing that can be scored or analyzed, just another speech. if president obama wishes to avoid the fiscal cliff then he with all of the power and influ
FOX News
Dec 23, 2012 1:00pm PST
into his son's school. >> gregg: we begin with so-called fiscal cliff, major concerns for the u.s. economy are not keeping lawmakers from heading home for the holidays. but with lawmakers from both parties still at odds over how to avoid that inevitable cliff, tax hikes, spending cuts associated with it, some of them are taking to the sunday talk shows to make their respective cases with just nine days until every american taxpayer feels the pinch. steve centanni, steve is there still any chance some sort of a comprehensive agreement can be reached? >> reporter: it's looking less and less likely. two sides in the did the debate had their say on sunday talk shows. there is a lot of talk and not much action. john boehner called off his public for a plan b, there has been no movement toward any kind of deal and some are saying the president wasn't to avoid that fiscal cliff. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. he sees a political victory. he gets additional tax revenues and gets to cut the military which democrats have
CSPAN
Dec 23, 2012 11:00am EST
going over the cliff, fiscal cliff here, and it's going to be a big crisis and everybody will wring their hands and then hopefully we're going to get a deal, which is going to require raising taxes. republicans going to hate and cutting back entitlements and democrats like the. and it will require a complex. i wish dwight eisenhower here work to engineer that compromise. >> two quick questions. the first one is in response to something you said just a few minutes ago. i just came here from the vietnam memorial wall, and there are some names from 1959 picks i think those need to be noted at least in a footnote. this happening under president eisenhower's watch. >> that's true. >> the bigger question as with or spoken to or spoken, you've only or spoken to you for i'm about but have a chance to read it yet, so i don't know the depth to which you go in the u2 affair that's already been touched on, but i am mindful that -- 1986 study called mayday. >> a great book. >> the very end of the book, he accounts eisenhower writing his memoirs in 1954, calling up john mckeown, then director of
MSNBC
Dec 23, 2012 12:00pm PST
. that doesn't mean they don't have work to do as the fiscal cliff looms. i take it this is a working vacation. >> reporter: white house officials have described this as a working vacation and talks are going on behind the scenes between white house staffers and hill staffers. the reality is the bulk of this probably won't get done until after christmas when lawmakers are expected to resume negotiations. there is a lot of frustration especially among senior members in both parties in part because president obama, house speaker john boehner seem so close to getting a deal done. they were really close on taxes and entitlement reform. we saw that last week house speaker john boehner couldn't get his plan b through the house. aides tell me right now president obama does not feel as though he has to compromise much more. he believes he has the leverage because he won reelection. >> on taxes i know it is hard for the republicans but the president ran on that platform. 250. no taxes for people below but taxes above. he won. 60% of the voters said they were for it in the exit polls including some repu
NBC
Dec 23, 2012 10:00am EST
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CNN
Dec 23, 2012 3:00pm PST
in your heart that we are better than this. >>> moving to the fiscal cliff. teetering on the edge of the fiscal cliff now with nine days left to cut a deal. lawmakers are home for the holidays. house speaker john boehner, his plan b went bust. before leaving town president obama urged congress to pass a mini-plan that would preserve middle class tax rates. the president is now in his native hawaii for a quick christmas break. briana keiller joins us from honolulu. hello, briana. is this fiscal cliff deadline getting closer, what do we think will happen as the holidays rolls out here? >> reporter: well, there's one sort of last ditch effort possibility here, don, and that is when the senate reconvenes on the 27th, it's possible that either they could try to pass something and sort of force it on the house or it's possible that they could take a bill that they've already passed back in july with the threshold of those tax hikes being at the $250,000 level and that they could kind of say to the house, okay, now the ball is in your court. you have to deal with this, but it's still ver
CNN
Dec 23, 2012 3:00am PST
very much. >>> and to washington now, with congress home for the holidays, a deal on the fiscal cliff looks less and less likely. that could mean coal in the stocking for house speaker john boehner and also mean the end in his two-year rein. he is facing pressure after his plan "b" failure. he proposed a plan, but republicans had to pull it off the table after admitting they just couldn't get it passed. >>> for an illustration of the pressure facing john boehner, check the latest polls. that's what we have political reporter john steinhauser for. >> americans are worried about the taxes if the nation falls off the fiscal cliff at the end of the year. seven of ten questioned in our poll says there will be major problems or a crisis in the country if that happens. >> part of what voters they were looking for is some compromise up here. that's what folks want. >> our poll indicates more americans want the republicans than the democrats to compromise more to reach bipartisan solutions. >> the democrat-controlled white house has no plan and offered no plan all year to deal with these loomi
MSNBC
Dec 23, 2012 11:00am PST
before the fiscal cliff. what are the prospects for a solution? that's ahead. >> plus, eight day before the mi fiscal cliff. mi fisca[ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to him and then just gave him a little bit of help finding his way. ♪ [ laughs ] [ applause ] i love you. i love y
NBC
Dec 23, 2012 8:00am EST
to start. 17 million said they plan to be shopping on christmas eve. uncertainty over the fiscal cliff is affecting how much consumers are spending. retail analysts say holiday sales are on track to rise 4.1% to $586 billion, the most optimistic forecast since the recession. >> black friday did about $11.2 billion in sales. they had very strong results compared tos la the year. retailers are hoping that the consumers will come back and deliver the same strong results during the last weekend of the year. >> retailers are pulling out all the stops in these final days. some 50% off at some stores to longer shopping hours. toys "r" us, macy's and target are among the giant department stores staying open around the clock until christmas eve. top of the list this season, smart phones and all things apple along with clothing and toys. the challenge now -- >> i know who i need to buy for but not what i'm buying yet. >> reporter: finding those perfect gifts before time runs out. >> a lot of those hard to find electronic gifts that are in demand, stores say they are refreshing their inventory ev
FOX Business
Dec 22, 2012 11:00pm EST
gerri: hello, everybody. i am gerri willis. ten days until we got the fiscal cliff. president obama speaking moments ago, saying that maybe some time off will give both parties perspective to drink some eggnog, sing some careless, maybe reached the fiscal cliff deal. how speaker john boehner is doing damage control on their plan b mess. before heading out for the holidays. even as americans are facing more than $500 billion in tax hikes coming on january 1. with more on this, we have peter barnes, fox business sr. washington correspondent. what did the president have to say moments ago? >> john boehner did say that this wld be a cooling off period. maybe they would have some time to reflect here. the president said that he did speak on the phone to speaker john boehner this afternoon. he also had majority leader harry reid to avoid the fiscal cliff and figure out a passport. he said he is ready and willing to try t to get a compromise package done. all at once or stuff like that. but we'll have to wait until after the holiday. the president planning to hold out for the holidays, and
FOX News
Dec 23, 2012 3:00am PST
is advising everyone to take off work all week, i will be right here. >> coming up on the show, fiscal cliff talks coming to a stand still for the holidays. what should happen now? should there be a plan c? for 48 years they lived happily ever after until they realized there was one big problem with their marriage. it wasn't legal. that story next. ♪ try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealt
CNN
Dec 23, 2012 6:00am PST
republican on the fiscal cliff with congressman sooeven up lawsuit ter rhett and mcmulvaney. weighing in all of it is our political panel. "usa today's" washington bury rechief sussan page and ron duffy. i'm candy crowley. nine days after the mass shooting deaths in newtown, the president of the national rifle association joined the gun debate. >> i call on congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation. >> in a similar vein, lawmakers in a growing number of states including oklahoma, missouri, south dakota, virginia and oregon will consider laws allowing teachers and school administrators to carry firearms at school. the nra is moving ahead to have their national model school shield in place to schools that want it. to talk about the dangers and backlash is the program director assa hutchinson. thank you for joining us. one of the thing that struck me is there was no mention of any gun control in favor or in opposition, so i wanted to get you on the record. will the nra oppose any attempt to put new g
CSPAN
Dec 23, 2012 12:35am EST
with the washington times and he is here to talk to us about the fiscal cliff. what's next? so let's get to it. on friday you had the lead story with the headline boehner's plan fails to win over g.o.p. the collapse is a serious blow to house speaker john boehner who hoped to gain leverage in his discussion with president obama and signals conservative republicans are unwilling to stomach any rise in tax rates even on those making more than $1 million which was mr. boehner's plan. so walk us through what happened on friday. how did we get there? and it seems like the speaker of the house didn't see this coming, and a lot of folks in washington want to know why not? guest: we begin the week with the speaker of the house saying negotiations between he and president obama had stalled. they were stuck on their -- i guess i would say maybe not their final offers but current offers. boehner said he would raise taxes on those making a million a year or more and get all told $1 trillion in tax increases which he wanted to be matched with $1 trillion in spending cuts and the rate increases on those mak
KRON
Dec 22, 2012 8:00pm PST
. >> the countdown to fiscal cliff negotiations reaches the final hour. but it's already too late for your first couple of paychecks in the new year. >> no matter what congress does to address the year- end "fiscal cliff," it's already past the deadline for employers to accurately withhold income taxes from january paychecks. this means. at first workers probably won't feel the full brunt of next year's tax increases in their january paychecks. employers are planning to withhold income taxes at the 2012 rates, at least for the first one or two paychecks of the year. things change when the internal revenue service releases income tax withholding tables for 2013. >> president barack obama and first lady michelle obama are wishing americans a merry christmas and happy holidays from hawaii. the obamas departed for their vacation last night and arrived there this morning. the president says the nation should give thanks for veterans and their families and asks americans to "say a prayer for all our troops" - including those spending the holiday in afghanistan >> authorities are saying that prosecutor
CSPAN
Dec 23, 2012 7:00am EST
price of georgia to challenge john deere for the job. much more on what is next for the fiscal cliff. one week before we reach that point. the deadline is december 31, january 1. the president is in hawaii. the house and senate are also in set -- in session this week. elliot engel, weighing in on a number of topics, including rumors that former republican senator chuck a bill could be nominated as defense secretary. you heard from the president on friday as he nominated senator john kerry as secretary of state and the new speculation about chuckle over at the pentagon. here are the comments of congressman dingell, the incoming democratic member of the house foreign affairs committee. but there is a huge opposition to the potential nomination of chuckled to become the next secretary of defense, even the president obama has not made his decision. the former senator has come under fire for statements he has made, including one where he referred to the pro-israel lobby as the "jewish lobby." what is your reaction to that remark? >> i think that remark is a troublesome and problematic. it
CSPAN
Dec 23, 2012 10:00am EST
. >> the city is tied up in knots over the so-called fiscal cliff. what are the foreign policy implications? >> one of the things i always find in congress is the minute we have budgetary restrictions -- before we even knew the word cliff with regard to this -- makes great rhetoric or demagoguery to say, we need money for at home. we do not need money for around the world. it always gets applause and it is great. but the truth is that the united states needs to be engaged around the world because we are the world power. we are a superpower, and we have interests. foreign aid, all it does other countries could, also does as good. -- although it does other countries good, it also does us good. i worry about -- if you take foreign aid that is less than 1% of the u.s. budget, if he did a survey amongst the population, i think it is 15% -- they think it is 15% and should be cut. if we start cutting foreign aid, cutting security for our diplomats around the world, being penalized and pound foolish, i think as a world power we need to maintain a robust foreign policy and make sure our people are p
NBC
Dec 23, 2012 5:00am EST
obama delivered to lawmakers as we inch closer to that fiscal cliff. >>> making a difference this holiday season. the gift hundreds of local kids received. 11 news sunday morning starts right now. >> welcome to 11 news sunday morning. i'm lisa robinson. jen is off today. >> we are going to start with a look outside. it is cold and windy. >> rob is off today, too. >> i'm always off. >> the wind is much calmer today from what we saw yesterday. you won't see nearly those conditions. >> we had to hold our eyebrows and eyelashes. the houses were creeking yesterday. hopefully none of the christmas decorations got damaged. we had wind gusts up to about 45 miles per hour yesterday. now, today we're starting off with light winds around six miles per hour. right now 29 degrees. the dew point at 20. temperatures could still be falling as we go throughout the morning. it is going to be cool. typical for this time of the year. temperatures ranging from 45 to 50 degrees. but the sunshine will be out. looking for beautiful conditions as people are busy finishing up their plans for the holid
CBS
Dec 22, 2012 11:00pm EST
this year's holiday season. the sandy hook massacre, gun control debates, talks of the fiscal cliff and recession, death in the middle east and an american nation divided along political lines are some of the scars that will undoubtedly leave their mark on 2012. but here among the holiday cheer, at least for a short while, all is forgotten. >> we try to keep our minds off of such negative things and try and enjoy the holiday season with people that you care about. >> i think it came too fast, the holiday came too fast. with all the situations of what's happening around us, this is a great way to hang out with a whole bunch of dear friends. >> reporter: put simply, these are all just colorful lights accompanied with feel-good music. the sights and sounds might be common for many, but for others it's an escape that serves as a therapeutic distraction from the unfortunate realities that have bruised the american spirit. however, this time of year does offer certain healing that even young ones know about. >> merry christmas and happy new year. >> and you haven't had time to come out he
CNN
Dec 23, 2012 2:00pm PST
to the mainland but as that fiscal cliff deadline gets closer what do you think will happen as it rolls on? >> reporter: no official word the president will return to washington, i think that is the expectation. as you know, miguel, the senate will convene on december 27th, that's thursday. and in a perfect world, what the white house would want to see is the senate take up some sort of measure to avert the tax hikes that will hit people earning $250,000 or less. that's what they would want. that of course, would require some buy-in from senate republicans and ideally, as the white house would say that would then pass the house. now, that's lot of sort of wishful thinking, you might say, especially considering some of the pessimism we are hearing from democrats and republicans about whether the u.s. is going to go over the fiscal cliff. some folks think that perhaps senator mcconnell would not negotiate something with senate democrats if he wasn't sure that it was going to pass the house, that it would get by at least some of the republicans who would need to get by to pass. but i think th
CNN
Dec 23, 2012 11:30am PST
. >>> and now, to the fiscal cliff. and we are just about to go over the edge. congress has left for the holidays. if they don't get a deal done soon, tax increases and budget cuts will hit after the first of the year. earlier, republican congressman, steve la tourette said the president has been too focused on tax cuts for the rich. but he did leave the door open a little. >> i'm okay, you president, you can tax the rich people. but come up with some spending cuts, we're borrowing $1 trillion a year and he has not. >> indiana senator joe lieberman said he's more pessimistic than he's ever been that a deal will get done. >> in the aftermath of the house republicans rejecting speaker boehner's so-called plan b, the first time that i feel that it's more likely that we will go over the cliff than not. and that, if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time. maybe ever in american history. >> leaders from both sides are expected back in washington on thursday. in india. growing demonstrations after a 23-yea
CSPAN
Dec 23, 2012 2:00pm EST
the fiscal cliff coming up. there are going to be things in that bill that i'm not going to like. there are going to be a lot of things that the republicans don't like. but if we're supposed to do our job for the country, that means we have to take that vote, and i will take that vote because i do not want to see our country go down. i want to see us go forward and get jobs. >> we have time for one more. "so was there not a piece of legislation and brought to the floor for a vote between 2009? and >> are members are very courageous and they will walk the plank on and a tough vote, but i want them to do that on something that will become law. yes, it is a tough vote, a very complicated, complex issue. it is something that many of us had been fighting for in the particulars of this and in personal lives as well. it was a very high priority for us. let's just say money. big money out there on the sides of those who would not be opposed. by the way, i do not paint all hunters with the same brush. i think this gives hunters a bad name. it is undeserved. many of them think it should be
NBC
Dec 23, 2012 2:30am EST
hands. who is planning on buying the new york stock exchange and why. >>> the fiscal cliff clock ticking down. real estate roars back. what it all means for your mo y money. the hottest holiday toys. the kids at heart and why everything old is new again. the "the wall street journal report" begins right now. >> this is america's number one financial news program, "the wall street journal report." now, maria bartiromo. >> here's a look at what's making news as we head into a new week on wall street. big changes for american icon. a symbol of capitalism and wall street. the new york stock exchange is being sold to i.c.e., atlanta-based derivatives trading exchange. the deal valued at $8.25 billion. profits at the nyc has shunk, lower trading volumes. i.c.e. is interested in the nyc because of the lower-based derivative exchange. the market could not make its mind up this week. the dow posting the first back-to-back triple digit gains since july. followed up with the worst day in a month. all the moves based on, well, what else, sentiment around the fiscal cliff deal. the economy though is
ABC
Dec 23, 2012 7:00am EST
, whatat else, sentiment around t fiscal cliff deal. the economy though is looking stronger than many analysts expected. the gross domestic product was revised upwards, up from a previous level of 2.7%. the gdp is the broadest measure of the size and straeength of t u.s. economy. >>> the treasury department announces a plan to sell remaining shares to gm. that after bailing out the giant automaker. it will cost taxpayers $12 billion but saved more than a million jobs in the industry. >>> it's not much time left before the bush tax cuts expire and the automatic spending cuts kick in. the dreaded fiscal cliff that will likely have a powerful impact on the economy can washington actually come to an agreement and what's going on behind the scenes? don peebles, chair monday and ceo of the peebles corporation, don was a leading fund-raiser for president obama. good to see you. >> thank you. >> a lot of drama happening in washington. let's talk about the fiscal cliff. what's your take on how this plays out? now with just a few days left in the year to get this deal done. >> i don't think the
FOX News
Dec 23, 2012 8:00am PST
with the celebrating because congress is on a holiday break. the fiscal cliff deadline is still looming. hi, everybody. here we are. great to have you here. >> this is a brand-new hour of "america's news headquarters." as jaime said, lawmakers expect to return after christmas back to dc. they are thinking of getting back on thursday. that just gives them a few days to work on a deal to try to help the nation to try to avoid an economic crisis from this so-called fiscal cliff. some say no deal is what the country needs to cut spending and raise taxes. what will happen? national correspondent live in washington with the details. good morning, steve. >> good morning, eric. the two sides in the fiscal cliff debate had their say before heading home for christmas, but no deal of course. after house speaker john boehner called off his push for a plan b last week saying the ball is now in the democrats' court. there has been no movement toward any deal. democrats want tax hikes for the wealthy. republicans want spending cuts. and some in the gop say the president doesn't want to avoid the fiscal cliff. >> whe
MSNBC
Dec 23, 2012 9:00am PST
becoming greece. >> today, despite the president being in hawaii, the fiscal cliff is still on the agenda. kristen welker is with the president in honolulu. good day to you, kristen. what are you hearing there? >> reporter: alex, good morning to you. white house officials say this is very much a working vacation, no word if president obama has actually spoke on the congressional leaders at this point. i can tell you that conversations are going on at the staff level. but the reality is that the hard work, the final touches probably won't be put on these bills or this bill, rather, that they're hoping to get until lawmakers, the president, return to washington. and of course that won't happen until after the christmas holiday. this has a lot of people worried, alex, because as you say there's not a lot of time left to get a deal done. president obama, house speaker john boehner, were very close to getting a deal. president obama had given a little on entitlement reform, house speaker john boehner had given a lit until terms of agreeing to increase taxes. but they just couldn't get to the f
CNN
Dec 22, 2012 4:00pm PST
. the fiscal cliff, ten days away with no deal in sight, the president and speaker boehner are thousands of miles away from each other, each left washington for the holiday. we will have live report from hawaii and the latest on the fiscal cliff talks in just a few minutes as well. it's official, bp oil company will have to pay up to $7.8 billion, that is the class action settlement amount they agreed to pay to 100,000 businesses and individual has h by the biggest oil spill in history. the settlement was finalized yesterday, a lot of them are opting out and pursuing lawsuits of their own. >>> more affects of a brand new government's growing pans. this man announced that political life does not agree with him and he will go back to being a judge. it's the same day that the people are voting for a change to the new islamist backed constitution. protests broke out last month when the president gave himself near absolute power. >>> a eczema reason is freed today and heading home. he was locked up on weapons charges. he was threatened and chained to a bed and never saw a judge. the u.s. dipl
MSNBC
Dec 23, 2012 5:00am PST
is the inevitable that we go over the fiscal cliff. true, it was asking the house republicans to vote for a tax increase. but it was -- they got some cover from grower and others and i think it was a political exercise more so than anythings and it had enabled the work, it would have changed the scenario. >> governor, you know first-hand the politics of raising taxes. what did you make of all this? >> i almost felt sorry for speaker boehner. being torn apart by his own caucus. i'm enthusiastic about them passing anything. tax bills have to start in the house. the senate can take whatever vehicle they send over and substitute for it something that makes sense and have it sent back and it's on them to say yes or no as to whether we go over the cliff. that's really the approach. >> so you want to see something come out of the house? >> anything. anything. and you substitute the total bill. but it has to come out of the house and that's the rationale for getting something there. >> they actually did get something out of the house early last week. they stopped the defense sequester and that's all th
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